Turkey: Daily National Turkey Market-at-a-Glance
NW_PY044 DES MOINES, IA Wed., Aug. 12, 2020 USDA Market News TURKEY: Daily National Turkey Market-At-A-Glance. DOMESTIC MARKET HIGHLIGHTS The market on fresh and frozen 8-16 lb. hens and 16-24 lb. toms is steady with a steady to firm undertone. November fresh demand moderate to good. Frozen demand light to moderate, mostly light. Fresh offerings light to moderate. Frozen processor offerings of Grade A 8-16 lb. hens and 16-24 lb. toms light at best. Frozen 2020 Grade A basted equivalent processor offering prices on a national basis for 8-16 lb. hens are 108.00-115.00 cents FOB and 16-24 lb. toms 108.00-114.00 cents FOB for current deliveries. Trading slow on frozen basted equivalent 8-16 lb. hens 111 cents FOB for current shipments. The market on fresh tom breast meat and destrapped tenderloins is steady, frozen tom breast meat steady to instances weak, frozen destrapped tenderloins and scapula steady to weak, balance of fresh and frozen white trims steady. Fresh tom breast meat demand moderate to instances good, balance of fresh white meat and trims light to moderate. Frozen demand slow. Fresh tom breast meat offerings short of needs to moderate, balance of fresh mostly moderate. Frozen offerings light to heavy, mostly moderate. The consumer sized 4-8 lb. breast market is steady to firm. Demand light. Offerings short of needs. The market on institutional sized bone-in breasts is steady. Demand light. Offerings mostly moderate. The market on tom bulk parts is steady to weak, mostly steady. The tails market is steady to firm. Demand light to moderate. Tom bulk parts offerings uneven, mostly moderate. Tail offerings light at best. The hen bulk parts markets are steady to firm, mostly steady. Demand light to moderate. Hen bulk parts offerings light at best. The thigh meat market is steady while bone-in thighs are steady to weak. Demand light to moderate. Thigh meat offerings light while bone-in thighs are moderate to moderately heavy. The mechanically separated turkey (MST) market is steady. Demand moderate to good. Offerings light to moderate. Trading slow. EXPORT MARKET HIGHLIGHTS Trading slow to moderate with activity also reported on fresh MST. The tails market is steady to firm, tom drums and 2-joint wings mostly steady with strength varying by export destination, tom full-cut wings steady with a steady to weak undertone, balance of items generally steady. Demand light to moderate. Offerings mixed, mostly moderate. Source: USDA Livestock, Poultry, & Grain Market News Des Moines, IA 515.284.4460 desm.lpgmn@ams.usda.gov http://www.ams.usda.gov/market-news/livestock-poultry-grain Prepared: 12-Aug-20 01:38 C GM